Hello there, folks! I’m back with some fantastic news from the world of solar. You know how passionate I am about solar panels for your home and the increasing importance of solar array for home purposes. This blog post will shed some light on the recent advancements in this sector, so brace yourself; we’re going solar!
Firstly, let’s talk about Nextracker, a renowned name in the solar industry. This solar company has surpassed the 5 GW mark in its distributed generation (DG) portfolio, which is an impressive feat in itself. But the cherry on top? They have also declared the signing of two novel agreements in the same space.
These agreements involve value-added resellers (VARs) such as RP Construction Services and Vergo – all trained and equipped to resell Nextracker’s acclaimed NX Horizon solar tracker. The key objective here is to amplify Nextracker’s DG sales into the commercial and industrial segment.
For those who might be new to the concept, distributed generation technology holds immense importance in resolving energy grid infrastructure challenges to meet the burgeoning global demand for energy. This technology is a boon for various businesses, such as hospitals, farms, manufacturers, and other critical infrastructure organizations, enabling them to find more reliable and cost-effective energy solutions while hastening their respective processes of decarbonization.
But that’s not all folks! These DG resources with ground mount solar tracker systems can typically handle up to 20 MW each in capacity. Furthermore, when paired with batteries, they can form microgrids that connect to the distribution grid and can also disconnect to form its own system when needed. Isn’t that fascinating?
Take the California National Guard’s Joint Forces Training Base (JFTB) for instance. It provides critical support during crises like wildfires and earthquakes. This setup includes 31 MW of solar power, 40 MWh of battery energy storage, and 3 MW of backup generators. The microgrid can disconnect from the main grid and become an “island”, thereby using electricity generated by the microgrid for operational needs in case of grid failure.
Let’s round this off by acknowledging the proficiency of Nextracker’s smart solar trackers that are ideal for both utility-scale and DG solar projects. With 90 GW of these smart solar trackers operational or under fulfillment worldwide, Nextracker is paving the way for solar advancements.
Did you know that back in January, Nextracker was conferred individuality after spinning-off from Flex and becoming its own entity? Ever since its foundation in 2013 and acquisition by Flex in 2015 for $330 million, Nextracker has proven itself to be a leader in the solar tracker market. In Q3 of 2023, they achieved record quarterly revenues reaching $710 million, and they have further raised their fiscal guidance for 2024 between $2.425 billion and $2.475 billion.
In conclusion, be it for solar companies or individuals looking for the best solar panels for their homes, the future of solar energy is bright and promising. Stay tuned for more updates from the renewable energy world. Remember, the sun never stops shining, and neither should your efforts toward a sustainable future!
Original Articlehttps://pv-magazine-usa.com/2024/02/06/nextracker-makes-its-mark-in-distributed-energy-generation/